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English definition of “cyberfraud”

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cyberfraud

noun [U]
 
 
/ˈsaɪbəˌfrɔːd/ INTERNET, LAW
a situation in which someone uses the internet to get money, goods, etc. from people illegally by tricking them: Not only does cyberfraud inflict losses on the cardholders, but also the merchants, merchants' banks, and card issuers.
Translations of “cyberfraud”
in Chinese (Traditional) 網上詐騙…
in Chinese (Simplified) 网上诈骗…
(Definition of cyberfraud from the Cambridge Business English Dictionary © Cambridge University Press)
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